Rough ride for the indexes this week. Fed commits to 0% interest rates until 2023. Neel Kashkari thinks that’s not enough. Air is coming out
Secretary of Treasury is really Secretary of Debt Fed doesn’t think Americans are in enough pain. Education and healthcare are too important for the government
Markets end week on a mixed note. Gold consolidating support above previous highs. Fed has come out of the closet. Alan Greenspan sounds more like
NASDAQ has a full blown correction. TSLA is the poster child of the stock market craziness. Slack is not an investment. Air coming out of
The biggest bubble may have popped without a pin. Charts show bad omen for the NASDAQ. The biggest bubble ever won’t die easily. Strength in
S&P has its best August since 1986. APPL and TSLA continue soaring after splits. TSLA rains on its own parade. Zoom zooms. Loot this book.
Fed changes the rules for inflation target calculations. Markets react to Powell’s announcement. Prices go up when people aren’t working. Majority of middle class will
Good news for Facebook stock is bad news for Main Street. Housing market booms – just like it did before the 2008 crash. Layoffs increasing.
S&P and Nasdaq close the week with record highs. Apple capitalizes on speculator mania with stock split. Weak economy benefits Wall Street and sedates Main
S&P recoups COVID losses, closing today on an all-time high. Tesla cruises on stock splits driving into the mother of all short squeezes. Traders will
Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.